Property prices for rent in Johor (Negeri Johor)
The rent prices in real estate in Johor, in the Negeri Johor region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Johor has barely changed in the last 6 months. In October, the average price per sq.feet was RM 2.2. In the following month the price per sq.feet fell to RM 2.01. In the following two months the price per sq.feet has practically remained the same, going from RM 2.11 to RM 2.14 per sq.feet. The price per sq.feet has risen 108 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of RM 2.12 to RM 2.3 during February, and March.
When referring to the price in Johor (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is RM 2,529. During November the price went through a considerable rise reaching RM 3,191. During the following two months (December, January) the average price had a considerable rise of 124 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of RM 3,208 and RM 3,093.5 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of RM 3,149 they are 42 % more affordable than the average price for Johor . The properties with the highest average price have 4 bedrooms, Their price is 22 % more expensive than the average. After that we have properties with 3 bedrooms priced at RM 3,366.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of RM 1.8 / sq.feet, with an average RM 2.26 / sq.feet price in Johor. The properties with the most expensive average prices have 1 bedroom. They are 19 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 2.38 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of RM 3,149 it is 18 % more affordable than the average price in Johor. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Condominium" followed by "Warehouse". At a price of RM 12,874 it is 391 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of RM 1 / sq.feet followed by "Condominium" priced at RM 1.03 / sq.feet. "House" is the most expensive type of property with a RM 2.53 / sq.feet value followed by "Link House" with an average price of RM 1.93 / sq.feet.
